Parenting

What Happens to Unused RESP?

The Registered Education Savings Plan (RESP) is one of the best things the government of Canada has ever introduced since you can get a yearly match up to $500 thanks to the Canadian Education Savings Grant (CESG). But you already knew that. If you’re reading this article, you want to know what happens to unused…

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Willful Review | Get $15 off with my Willful promo code

Do you have a will in place? It seems like an odd question, especially for young people, but the truth is that everyone should have a will. The fact, however, is that many don’t. In fact, 56% of Canadian adults do not have a will. Why? Well, there are a few reasons. First off, I…

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Add RESP payments to the cost of raising a child in Canada

The Cost of Raising a Child in Canada

I’m at the age now where all my peers are having children. Friends who were never active on Facebook or Instagram all of sudden have plenty to share. I’m happy for you, I really am, but forgive me, I’ve probably turned off your status updates. Beyond the likes and retweets, the cost of raising a…

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How to Manage Your Money as a new Parent

Having a child is what many people strive for but when that bundle of joy comes, it can be stressful since you’re trying to figure out how to be a new parent while having to adjust to a bunch of new expenses which you may have not anticipated. Understandably, things can get overwhelming fast, but…

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Registered Education Savings Plan (RESP) Canada | Everything you need to know

In recent years, I’ve been getting a lot of questions about the Registered Education Savings Plan which is more commonly known as RESP. I suppose I shouldn’t be that surprised that many of my peers are interested in the RESP rules since they’ve just had children. Heck, one of the first things I did when…

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RBC life insurance

How $18 a Month Could Protect Your Family’s Finances

**This is a sponsored post written by me on behalf of RBC Insurance. All opinions are my own. Over the last few years, my wife and I went through two significant life events that drastically affected our finances. We bought our first home in June of 2016, and our daughter was born in the summer…

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10 Ways to Save Money on Family Vacations

10 Ways to Save Money on Family Vacations

Travelling with kids can be expensive! Airfare alone could easily cost you a few thousand dollars, so it’s no surprise that parents are always looking for ways to save. Sure, staycations can be fun, but let’s be realistic, many people would much prefer to travel outside of their hometown to take a holiday. Don’t worry,…

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Rome with a baby

Rome With a Baby: How to Survive the Eternal City With a Little One

When my daughter was nine months old, we took her to Europe for a three week holiday. Originally we had epic plans of travelling through Scandinavia and ending up in Belgium, but we quickly realized that was a terrible idea. In the end, we settled on Rome and Amsterdam. Rome with a baby may intimidate…

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how to save for your childs education

5 Ways to Save for Your Child’s Education

**This is a sponsored post written by me on behalf of Kijiji. All opinions are my own. As soon as Scarlett was born, I took immediate steps to set up her Registered Education Savings Account (RESP). I knew that this was the best way to save for her post-secondary education since the Canadian Education Savings…

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Budgeting for a Baby – What I Wish I Knew

**This is a sponsored post written by me on behalf of Kijiji. All opinions are my own. This past weekend, my daughter Scarlett turned one. It’s been a crazy year adjusting as new parents with many ups and downs. As a personal finance expert, I wish I could tell you that we had all our…

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